Zinc Inventories Fall in China Major Markets, SMM Reports

Published: Apr 24, 2017 11:57

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Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 29,100 to 200,200 tonnes last week, SMM data show.

SHANGHAI, Apr. 24 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 29,100 to 200,200 tonnes last week, SMM data show.

Fewer arriving shipments combined with steady downstream demand caused inventories to fall further, SMM said. Total inventories in the three regions are expected to continue falling this week now that smelters have yet to restart from maintenance.

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zinc inventories Shanghai zinc inventories Guangdong zinc inventories Tianjin zinc inventories

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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